Economy | ANALYSIS
Households to take hit from tax hike
by Tomoko Otake
The consumption tax increase will hit every household in Japan hard, with many people’s financial future hanging on whether their wages rise enough to offset the hike's impact.
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For Gayathri Vaidyanathan's latest contributions to The Japan Times, see below:
About 120 million years ago, the supercontinent of Gondwana broke into a jigsaw puzzle of continents and isles in the Southern Hemisphere. One of those was a giant island forming what we now call India. About 55 million years later, an asteroid, perhaps, or ...